Telecoms firms upbeat on economic prospects

Telecoms firms upbeat on economic prospects

Telecoms firms upbeat on economic prospects

Comments Off on Telecoms firms upbeat on economic prospects

Telecoms firms upbeat on economic prospects

 

August 20, 2017

UK-based technology, media and telecoms (TMT) firms are increasingly confident about the future of the economy, new research has discovered.

 

A poll by Stoy Hayward found 30% of UK TMT businesses are more confident about the prospects for the coming quarter than they were for the previous quarter.

 

Meanwhile, 38% reported confidence holding steady. Just 32% declared a fall in confidence.

 

The biggest concern for companies was project deferral, with 42% of firms reporting this as a worry.

 

Three in ten, meanwhile, are concerned by reduced customer demand.

 

Other worries cited included non-paying customers, fiercer competition, lack of available credit, and keeping hold of talented staff.

 

“TMT has undoubtedly felt the impact of the economic downturn and the resulting slowdown in technology spending,” said Julian Frost, head of TMT at Stoy Hayward.

 

“However, companies in this sector have worked hard to introduce a number of cost cutting measures in order to reduce overheads across the full range of business functions.”

 

 

seo, seo, seo, seo, seo, seo, seo, seo, seo, seo, seo, seo, seo

Tim Yeo

Related Posts

OFCOM could allow UK Broadband to offer WiMax

Comments Off on OFCOM could allow UK Broadband to offer WiMax

Smartphone sales expected to rise

Comments Off on Smartphone sales expected to rise

Vodafone to partner with Lebara Mobile

Comments Off on Vodafone to partner with Lebara Mobile

Vodafone ends Carphone commission dispute

Comments Off on Vodafone ends Carphone commission dispute

Orange upgrades “Business Everywhere” mobile broadband offering

Comments Off on Orange upgrades “Business Everywhere” mobile broadband offering

Fujitsu Files Lawsuit Against Tellabs

Comments Off on Fujitsu Files Lawsuit Against Tellabs

China’s 0.5 billion mobile phone user-base keeps growing

Comments Off on China’s 0.5 billion mobile phone user-base keeps growing

Tyntec advocates SMS for enterprise communications

Comments Off on Tyntec advocates SMS for enterprise communications

China’s telephone users almost at 1bn

Comments Off on China’s telephone users almost at 1bn

Sony Ericsson reports difficult Q3

Comments Off on Sony Ericsson reports difficult Q3

BT goes 20Mbit

Comments Off on BT goes 20Mbit

Greenpeak talks battery free wireless

Comments Off on Greenpeak talks battery free wireless

Create Account



Log In Your Account